3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Short Interest Update

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 16,194 shares, a decrease of 56.6% from the June 30th total of 37,337 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,203 shares, the days-to-cover ratio is presently 0.2 days.

3EDGE Dynamic Fixed Income ETF Trading Down 0.0%

NYSEARCA EDGF traded down $0.01 during trading hours on Wednesday, hitting $24.63. 73,676 shares of the company were exchanged, compared to its average volume of 159,928. 3EDGE Dynamic Fixed Income ETF has a 52 week low of $23.81 and a 52 week high of $27.28. The stock has a 50-day moving average price of $24.74 and a 200 day moving average price of $24.75.

Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. purchased a new stake in 3EDGE Dynamic Fixed Income ETF during the 3rd quarter valued at $51,000. Bank of New York Mellon Corp boosted its stake in 3EDGE Dynamic Fixed Income ETF by 154.6% during the first quarter. Bank of New York Mellon Corp now owns 22,348 shares of the company’s stock worth $553,000 after buying an additional 13,570 shares during the period. Finally, Strategic Blueprint LLC boosted its stake in 3EDGE Dynamic Fixed Income ETF by 22.6% during the fourth quarter. Strategic Blueprint LLC now owns 270,182 shares of the company’s stock worth $6,660,000 after buying an additional 49,736 shares during the period.

About 3EDGE Dynamic Fixed Income ETF

The 3EDGE Dynamic Fixed Income ETF (EDGF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that broadly invests in fixed income securities of various maturities and credit quality. The fund dynamically shifts across various debt securities depending on market conditions. EDGF was launched on Oct 3, 2024 and is issued by 3Edge.